M&A Update – May 10

– FRG to be acquired by Management / B. Riley Financial / Irradiant Partners for $30.00 cash per share, 31.9% premium, $2.6 billion
– SYNH to be acquired by Elliott / Patient Square Capital / Veritas Capital for $43.00 cash per share, 24.1% premium, $7.1 billion
– CTIC to be acquired by Swedish Orphan Biovitrum AB (Sobi) for $9.10 cash per share, 88.8% premium, $1.7 billion
– LTHM to be acquired by AKE for 2.406x shares, $3.8 billion, -12.8% discount
– IFHI / MVFB deal terminated
– PTRS / LNKB filed S-4/a, votes June 22
– TA vote
– SUMO vote